IFSC Code of Bank Of Baroda, Madhota, Bastar, Chhattisgarh- BARB0MATHOT

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Baroda for its Madhota branch in Bastar, Bastar, or Chhattisgarh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of Baroda located in Bastar or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code BARB0MATHOT. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Madhota, Bastar

The table below shows the main details of the IFSC Code BARB0MATHOT for the Bank Of Baroda branch in Bastar, which falls under the Bastar district in Chhattisgarh.

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Bastar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0MATHOT for the Madhota branch of Bank Of Baroda plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BARB0MATHOT is given to every bank branch, including Bank Of Baroda located in Madhota, Bastar, Chhattisgarh, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Bank Of Baroda branch in Bastar.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Bastar and Bastar.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Madhota doesn't end up at another location.

Format of the IFSC Code BARB0MATHOT

The format of the IFSC Code for banks, including Bank Of Baroda, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Bank Of Baroda, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Madhota in Bastar.

For example, the IFSC Code BARB0MATHOT of Bank Of Baroda for the Madhota branch includes these elements, identifying the bank and the branch location in Bastar and Chhattisgarh correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0MATHOT of Bank Of Baroda for its Madhota branch located in Bastar, the following methods can help:

Cheque Book

The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Bank Of Baroda branches in Bastar and Bastar, print them on the first page of your passbook.

Bank Website

Visit the official website of Bank Of Baroda and navigate to the branch locator section. Search for Madhota or Bastar to get the exact IFSC Code BARB0MATHOT.

Mobile Banking App

If you use Bank Of Baroda's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bank Of Baroda and Bastar, you'll get the correct details.

How to Use IFSC Code BARB0MATHOT for Online Transfers?

Once you have the IFSC Code BARB0MATHOT for the Madhota branch of Bank Of Baroda in Bastar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0MATHOT. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Bank Of Baroda IFSC Code BARB0MATHOT.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Baroda Madhota in Bastar may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of Baroda in Madhota, here are some ways that you can get it:

• Check the bottom of your cheque leaf.
• Refer to the first page of your passbook.
• Visit the official Bank Of Baroda website.
• Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Bastar manage online transfers as well as cheque clearances with ease.